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16 Stranmillis Wharf, Stranmillis, Belfast, BT9 5GN

Offers Around £250,000
  • status Sale
  • bedrooms 2 Bedrooms
  • receptions 1 Reception
  • style Apartment
  • Price Offers Around £250,000
  • Style Apartment
  • Bedrooms 2
  • Receptions 1
  • Heating Phoenix Gas
  • EPC Rating C70 /C76
    EPC
  • Status Sale
Kirby O'Connor - Assoc RICS GOC Estate Agents Office: 028 9066 2366 DDI: 02890662366
Kirby O'Connor

Description

Beautifully finished two bedroom apartment in excellent condition located in the desirable Stranmillis area of South Belfast. This property is within walking distance of many local amenities and close proximity of main arterial and transportation routes. It comprises of large open plan kitchen, living and dining area, two double bedrooms master with ensuite and good size bathroom. There is also one parking space accessed via secure and monitored electronic gates. Viewing highly recommended to appreciate.

Features

  • Luxury apartment furnished to a very high standard
  • Open plan living, kitchen, dining area with balcony overlooking the River Lagan
  • Modern fully fitted kitchen with built in appliances and island.
  • Two good size double bedrooms master with ensuite
  • One allocated parking space via remote-control accessed gates to secure basement parking
  • Two balconies with considerable sunlight, one overlooking the River Lagan
  • Higher spec dimmable gimble spotlights in main living area
  • Underfloor heating throughout
  • Amenities include rowing clubs, riverside bar/restaurant, close proximity to two gyms and Lyric Theatre

Room Details

  • HALLWAY:

    Communal front door leading to first floor. Letter boxes and intercom.
  • ENTRANCE PORCH:

    Tiled floor.
  • HALLWAY:

    Tiled floor. Storage cupboard with gas boiler.
  • KITCHEN WITH BREAKFAST/LIVING/LOUNGE AREA : 20' 0" X 19' 0" (6.10m X 5.79m)

    Range of high and low level units, single drainer stainless steel sink unit, fridge freezer, oven and hob with stainless steel cooker hood. Washing machine and slimline dishwasher. Granite work surface and glass display cabinets and shelving. Open plan to living/dining and sliding patio door to private balcony over looking the river.
  • BATHROOM:

    Comprising of panel bath with telephone shower attachment, floating wash hand basin, low flush wc. Tiled floor and part tiled walls. Shavers point. Feature circular window.
  • BEDROOM (1): 12' 0" X 11' 1" (3.66m X 3.38m)

    Double built in robes and wooden floor. Slding patio doors to balcony. Ensuite comprising of shower cubical with shower door, wash hand basin,low flush wc and mostly tiled.
  • BEDROOM (2): 11' 10" X 9' 0" (3.61m X 2.74m)

    Wooden floor and double built in robe.
  • Secure under ground car park space with excellent visitors parking spaces. Electric gates to the development.

Location

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Directions

Off Lockview Road, Stranmillis.

Mortgage Calculator

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Disclaimer: The following calculations act as a guide only, and are based on a typical repayment mortgage model. Financial decisions should not be made based on these calculations and accuracy is not guaranteed. Always seek professional advice before making any financial decisions.

Advice on Stamp Duty

Advice on Stamp Duty

Stamp Duty Land Tax is a percentage paid on the purchase of a home or non-residential property to the Inland Revenue.  You usually pay Stamp Duty Land Tax (SDLT) on increasing portions of the property price above £125,000 when you buy residential property, eg a house or flat.

There are different rules if you’re buying your first home and the purchase price is £500,000 or less.

Use the SDLT calculator to work out how much tax you’ll pay.


Rates if you’re buying your first home

You can claim a discount (relief) so you don’t pay any tax up to £300,000 and 5% on the portion from £300,001 to £500,000.

You’re eligible if:

·you, and anyone else you’re buying with, are first-time buyers

·you complete your purchase on or after 22 November 2017

If the price is over £500,000, you follow the rules for people who’ve bought a home before.


Rates if you’ve bought a home before

Freehold sales and transfers

You can also use this table to work out the SDLT for the purchase price of a lease (the ‘lease premium’).


Property or lease premium or transfer value                                              SDLT rate

Up to £125,000                                                                                                Zero
The next £125,000 (the portion from £125,001 to £250,000)                       2%
The next £675,000 (the portion from £250,001 to £925,000)                       5%
The next £575,000 (the portion from £925,001 to £1.5 million)                    10%
The remaining amount (the portion above £1.5 million)                              12%

Example

If you buy a house for £275,000, the SDLT you owe is calculated as follows:

  • 0% on the first £125,000 = £0
  • 2% on the next £125,000 = £2,500
  • 5% on the final £25,000 = £1,250
  • Total SDLT = £3,750

New leasehold sales and transfers

When you buy a new residential leasehold property you pay SDLT on the purchase price of the lease (the ‘lease premium’) using the rates above.
If the total rent over the life the lease (known as the ‘net present value’) is more than £125,000, you also pay SDLT of 1% on the portion over £125,000 - unless you buy an existing (‘assigned’) lease.

You can work out how much SDLT you’ll pay for your new residential lease using HMRC’s:

Higher rates for additional properties

You’ll usually have to pay 3% on top of the normal SDLT rates if buying a new residential property means you’ll own more than one.

Use the SDLT calculator to work out how much tax you’ll pay.  You may not have to pay the higher rates if you exchanged contracts before 26
November 2015. 


If you’re replacing your main residence

You won’t pay the extra 3% SDLT if the property you’re buying is replacing your main residence and that has already been sold.  If there’s a delay selling your main residence and it hasn’t been sold on the day you complete your new purchase:

  • you’ll have to pay higher rates because you own 2 properties
  • you may be able to get a refund if you sell your previous main home within 36 months
  • There are special rules if you own property with someone else or already own a property outside England, Wales and Northern Ireland.
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